2303 FAIRHILL CV, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $298,666 and $611,740, with a best estimate of $550,717. That places the property above the L252500E - GANN RANCH SEC 3 & 4 median of $507,244, in a neighborhood that declined 6.3% over the past year.
Estimated Value Range
$550,717
$460,873
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L252500E - GANN RANCH SEC 3 & 4, this home's estimated market value is between $298,666 and $611,740. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$148,262 for 681 sqft less living space and -$823 for being older. Net adjustment: -$149,085.
Adjusted +$14,804 for 68 sqft more living space and -$823 for being older. Net adjustment: +$13,981.
Adjusted +$26,561 for 122 sqft more living space and -$823 for being older. Net adjustment: +$25,738.
Adjusted -$49,856 for 229 sqft less living space and -$823 for being older. Net adjustment: -$50,679.
Adjusted +$26,561 for 122 sqft more living space and -$823 for being older. Net adjustment: +$25,738.
The Neighborhood
This home is valued 9.1% below the L252500E - GANN RANCH SEC 3 & 4 median of $507,244. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.3% over the past year.
L252500E - GANN RANCH SEC 3 & 4
typicalThis home is -9.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,130 across all districts. With a homestead exemption claimed, that drops to $7,505 — saving $1,625 per year. That's $625 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $5,009 |
| Williamson County | County | 0.3694% | $1,703 |
| Cedar Park | City | 0.3600% | $1,659 |
| Austin Community College | special | 0.1034% | $477 |
| Williamson County FM/Rd | County | 0.0443% | $204 |
| Upper Brushy Creek WCID | Water | 0.0170% | $78 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,130 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $550,717 would pay approximately $3,438 per month (principal and interest only, excluding taxes and insurance).